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City attorney: engineers estimate potable water plant at "about 5.4"; financing and grants discussed
Summary
City Attorney Steve Ramunni told the council an engineering estimate for a potable water plant was recorded in the minutes as "about 5.4," and said CaPFA funds and state financing options may help fill the gap; further rate studies are needed.
City Attorney Steve Ramunni briefed Moore Haven City Council on July 1 about the status of a planned potable water plant and financing options.
Ramunni said engineers' overall estimate was recorded in the minutes as "about 5.4," and noted the city appears to be "about 50% of what the new grant is." The minutes do not specify units for the "5.4" figure. Ramunni said CaPFA funds could be used and that individuals named Singlton and Vanassche (as recorded in the minutes) might pursue state financing options. He recommended completing the work once started and said the engineers' upcoming rate study will clarify what the city can afford and what financing is necessary.
Council took no formal action on the potable water plant at this meeting; Ramunni said the next step is to complete the engineers' rate study so staff and council can assess financing and any use of available grant funds.
